Description
A exceedingly rare opportunity to own a 29 unit all brick multifamily investment property currently near 100% occupancy. Units are a mix of (13) one-bedroom apts, (15) two-bedroom apts, and (1) one-bedroom efficiency. Rates in the area and within this complex have steadily appreciated while maintaining low vacancy rates. Desirable area near EMU, JMU and many employers. Easy access to bus routes. Off-street parking is maintained for the benefit of the tenants. Listing Agent is a part owner of the subject property and is a Licensed Real Estate Broker in the Commonwealth of VA
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0BEDS
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1.23ACRES
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0BATHS
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01/2 BATHS
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21,044SQFT
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$214$/SQFT
School Information
Description
A exceedingly rare opportunity to own a 29 unit all brick multifamily investment property currently near 100% occupancy. Units are a mix of (13) one-bedroom apts, (15) two-bedroom apts, and (1) one-bedroom efficiency. Rates in the area and within this complex have steadily appreciated while maintaining low vacancy rates. Desirable area near EMU, JMU and many employers. Easy access to bus routes. Off-street parking is maintained for the benefit of the tenants. Listing Agent is a part owner of the subject property and is a Licensed Real Estate Broker in the Commonwealth of VA
Listing information © 2025 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Kline & Co Real Estate. Data last updated 2025-04-27T00:12:43.347.